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      Jupiter Exchange COO Advocates for Major Improvements in DeFi to Attract Institutional Capital

      Kash Dhanda, Chief Operating Officer of Jupiter Exchange, has emphasized that decentralized finance (DeFi) must achieve improvements of five to ten times over traditional financial systems to attract significant institutional investment. Dhanda argues that merely enhancing DeFi products by 15% will not suffice to draw serious capital into the on-chain ecosystem.

      In July 2026, Jupiter Exchange restructured its offerings into three core pillars: Trade, Earn, and Manage. This transformation aims to evolve Jupiter from a swap aggregator into a comprehensive financial platform, often referred to as a 'super app' for on-chain finance. The exchange has already processed over $1.2 trillion in trading volumes and boasts more than 44 million connected wallets, positioning it as a leader in total value locked on the Solana blockchain.

      Jupiter Lend, part of this restructuring, has reached a total supply of $1 billion and introduced the Offer Book feature to facilitate fixed-rate lending. Additionally, the platform has launched JupUSD, a stablecoin developed in partnership with Ethena, and the GUM omnichain hub, which expands its functionality beyond Solana into a multi-chain environment. Dhanda's vision for DeFi includes faster settlement times, 24/7 lending markets without intermediaries, and accessible yield products for all internet users, contrasting with traditional finance's barriers.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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